Glazer finally wrestles control of Old Trafford
US sports tycoon Malcolm Glazer today seized control of Manchester United after persuading its biggest investor to back his £790.3m (€1.15bn) takeover bid.
Mr Glazer will now make a formal offer for the rest of the club’s shares after paying 300p a share for the 28.7% stake held by the Cubic Expression vehicle of Irish racing tycoons JP McManus and John Magnier, which gave him almost 57% of the Premiership club.